- Advertisement -
HomePersonal FinanceEPS: Good news for pensioners! Now you will not have to wait...

EPS: Good news for pensioners! Now you will not have to wait for the pension, the amount will come in the account immediately

- Advertisement -
- Advertisement -

Employees Pension Scheme: There is great news for pensioners. Now you will not have to wait long for the pension amount. According to the order of EPFO, now the pension amount will be deposited in the pensioners’ accounts on the last working day of the month.


New Delhi: Employees Pension Scheme latest news: EPS 95 (EPS-95) There is great news for pension holders. Now you will not have to wait for pension. Now the pension amount will come in the account of the pensioners on the last working day of the month. In fact, there was a constant complaint of pensioners that they have to wait a long time for pension. This also causes a lot of trouble to them.

In view of this big problem of pensioners, EPFO ​​has issued a circular. According to media reports, now such measures have been taken through which pensioners will get pension in all the months except March before the last working day of the month. That is, now they will not have to wait for pension.


Money will be deposited in the accounts on the last working day
Now the amount of pension will be transferred in the account of pensioners (EPS Pensioners) on the last working day of the month. Actually, till now the pension was deposited in the account of pensioners at the beginning of the month. Many times the pension amount comes very late due to holiday or any other reason. The Pension Division has reviewed the matter and in accordance with the directions of Reserve Bank of India (RBI), it has been decided to send the monthly information to all the field offices of the banks in such a manner so that the pension is credited to the pensioners’ account on working days of months other than March. Or before it gets deposited.

Complaints were being received continuously
The EPFO ​​said that the Pension Division was constantly receiving complaints about not getting the pension on time. In view of these complaints, orders have now been given to deposit the pension amount at the right time. Along with this, it has also been instructed that banks should get this amount a maximum of 2 days before the day the bank transfers money to the pensioners’ account.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
RELATED ARTICLES

Most Popular

Recent Comments